Archer Aviation (ACHR) announced that its partner, Soracle, a joint venture between Japan Airlines (JAPSY) and Sumitomo Corporation (SSUMY), has been named to lead the establishment of air taxi services in the Osaka Prefecture. This makes Archer the only U.S. eVTOL manufacturer set to play a key role in the establishment of air taxi services in Osaka.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACHR:
- Archer Aviation (ACHR) Midnight Aircraft Hits 7,000 Feet as the Race to Commercial Flights Heats Up
- Archer Aviation’s Stock Soars Amid Air Taxi Hopes
- Archer Aviation call volume above normal and directionally bullish
- Moderately bullish activity in Archer Aviation with shares up 2.83%
- Cantor Reaffirms $13 Target on Archer Aviation With New FAA Pilot Program Ahead